Ask HN: What was your best passive income in 2016?

Re:Ask HN: What was your best passive income in 2016? by thecrazyone on Sunday December 11, 2016 @05:08PM (#13153654)

Oh, I invest the automated way too and figured that's the best way given I know this is important for nest egg and such and I want to spend as little time as reasonably possible managing investments .

For my Indian friends here (or people interested in investing in the Indian market), I'd suggest http://scripbox.com (no affiliation, just a happy customer).

I started a year ago when I was 25, and am glad I started this early(-ish).

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Re:Ask HN: What was your best passive income in 2016? by Zelmor on Monday December 12, 2016 @03:25PM (#13161591)

Do you have any thoughts or sources on Indian micro-loan investments? It looks like a way to help people in need while gaining some profit off their success. I'm more interested in the former, but I do not wish to simply donate. I do not believe it to be the way to go about these things.

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Re:Ask HN: What was your best passive income in 2016? by fantominous on Monday December 12, 2016 @04:49PM (#13162248)

Do you mean something like Kiva or Zidisha? They're quite popular, but there's a very real chance that the borrower can default on your investment. Not a huge deal though, because if you're micro-lending then this is expected. I don't think the interest rates are good either.

Doing it for charitable reasons is fine, but it's not a great way to make money IMO.

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